In a figure that at first glance
seems wildly inflated compared to other reports that are circulating, Ben Fritz writes that, accounting for
higher ticket prices, the year-end box office tally will actually be a whopping 11% down from 2004. Still, it was
hardly an industry-wide slump; Warners and Fox did solid business all year long, and along with third-place ranked
Sony, they'll be taking home about half of the year's total receipts.
Not that anyone should be crying:
it would seem that most of the cash lost in the exhibition realm was made back in home entertainment, where spending on DVDs is up 10%.